Verdagy Current · Verified less than 14 days ago · Last verified: Oct 19, 2026

Verdagy: $1.8B valuation, IPO Readiness 49, Series D. Verdagy builds electrolyzer technology for producing green hydrogen at industrial scale, using electricity and. Track live on The IPO Stack.

Series DClimate & Energyprivate
49
/100
IPO Readiness Score
Grade D — Early Stage
TechStackIPO proprietary score based on funding scale, valuation, stage progression & momentum.
Track Verdagy →

Verdagy builds electrolyzer technology for producing green hydrogen at industrial scale, using electricity and water to produce carbon-free hydrogen for heavy industry, transportation, and chemical manufacturing. Valued at 400M USD with 100M raised, Verdagy is scaling its electrolyzer stacks for multi-MW deployments at industrial sites. Major energytech IPO candidate as green hydrogen production scales to meet demand from hard-to-electrify industries.

Valuation
$1.8B
Total Funding
$400M
Stage
Series D
Sector
Climate & Energy
Headquarters
Moss Landing, CA
CEO
Marty Neese
IPO Status
private

Funding History

September 2020
Seed
$4M
July 2021
Series A
$25M
June 2022
Series B
$25M
September 2023
Series C
$50M
July 2026
Series D
$150M
The IPO Stack Newsletter

Get Tuesday's IPO moves + one deep-dive in your inbox

Scores, valuations, and IPO signals for the companies that matter. 5-minute read, every Tuesday.

🚀

2026 IPO Watchlist

Top companies most likely to IPO in 2026, ranked by IPO Readiness Score.

Canva
$42B · Design & Creative
88
Readiness
Shein
$30-50B · E-Commerce
87
Readiness
Faire
$12.4B · E-commerce
84
Readiness
Abnormal Security
$5.1B · Cybersecurity
83
Readiness
Brex
$12.3B · Fintech
82
Readiness
Hugging Face
$20.0B · Artificial Intelligence
82
Readiness
Miro
$17.5B · Enterprise Software
82
Readiness
Rapyd
$18.2B · Fintech
82
Readiness

Related Analysis

📊 IPO Readiness Stack 🏭 Climate & Energy Sector ⚖️ vs Canva ⚖️ vs Shein 📈 IPO Pipeline

Track Verdagy IPO timeline, funding rounds, investor activity, and valuation on TechStackIPO — the pre-IPO intelligence platform.

Frequently Asked Questions

When is Verdagy going public? +

Verdagy has not publicly announced IPO plans. Track TechStackIPO for the latest signals and subscribe to The IPO Stack for weekly updates.

What is Verdagy's current valuation? +

Verdagy is valued at $1.8B as of September 2023. This valuation is based on its most recent private funding round tracked by TechStackIPO.

How can I invest in Verdagy before IPO? +

Accredited investors can access Verdagy shares through secondary market platforms, pre-IPO investment funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace tracks available access options. Note: pre-IPO investments carry higher risk and limited liquidity compared to public market investing.

What is Verdagy's IPO Readiness Score? +

Verdagy scores 49/100 (Grade: D) on TechStackIPO's IPO Readiness Index. The score evaluates funding scale, valuation trajectory, funding momentum, stage progression, and company maturity. Scores above 70 indicate strong near-term IPO potential.

How much total funding has Verdagy raised? +

Verdagy has raised $400M in total venture capital and private equity funding, with backing from Breakthrough Energy Ventures, Prelude Ventures, Mitsubishi Heavy Industries.

Who are Verdagy's key investors? +

Verdagy's notable investors include Breakthrough Energy Ventures, Prelude Ventures, Mitsubishi Heavy Industries. Full investor details, funding round history, and lead investor breakdowns are available on TechStackIPO.

What sector is Verdagy in? +

Verdagy is a Climate & Energy company. Verdagy builds electrolyzer technology for producing green hydrogen at industrial scale, using electricity and water to .

Full access — $49/mo